Risk Now Significantly Elevated
Designated as a Troubled Company
Troubled Company – Risk significantly elevated. Maintained on Watch List. In the Six Flags 8-K filed on Monday, 15-Nov-2021, we learned Michael Spanos entered into an agreement to step down as President and CEO of the company on Saturday, 13-Nov-2021, with a new CEO appointed the next day, Sunday, 14-Nov-2021. After a long history with PepsiCo, since 1993, Mr. Spanos became President and CEO of Six Flags only two years ago, in
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